The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at
I am always open to questions, comments, or suggestions on how to improve this blog.

Thursday, October 1, 2009


An example from today of Impulse, retrace (short-covering), continuation. Notice how price retraces 38% of the impulse move before continuing. When the sentiment is bearish (20-EMA underneath the 50-EMA) and you see a big move (impulse move), getting in on the retrace is a very high probability setup. Short that return to the 20EMA!!

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